Boeing starts furloughing tens of thousands of employees amid machinist strike
Publishing timestamp: 2024-09-18 15:55:51
Summary
Boeing announces cost-cutting measures including freezing hiring and raises, furloughing employees due to ongoing machinist strike. CFO Brian West says strike adds pressure on company leaders already dealing with safety and quality crises.
Sentiment: NEGATIVE
Tickers: BA,
Keywords: business, transportation, business news, aerospace and defense industry, personnel, boeing co, labor economy, life, travel, airlines, united states, breaking news: business,
Source: https://www.cnbc.com/2024/09/18/boeing-furlough-strike.html